LimeFx, however, does not apply additional charges on Islamic Accounts. As previously mentioned, most of the account types available on LimeFx are offered as Islamic accounts. Islamic or swap-free accounts do not have any rollover or swap interest https://limefx.vip/ for overnight positions. Micro Accounts can have the base currency of USD, GBP, EUR, CHF, JPY, AUD, PLN, HUF, RUB, ZAR, or SGD. This type of account has negative balance protection, trading bonuses, and no deposit bonuses.
- The group’s first entity was founded in 2009 in Cyprus (regulated by CySEC under license 120/10) under the name Trading Point of Financial Instruments Ltd.
- Most customer complaints can easily be resolved via this step.
- But from general observation, LimeFx is quite helpful for their clients.
- There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps.
However, one of their unique advantage points is that they offer Fraction PIP pricing which quoting buy/sell price to the 5 decimal point thus giving best prices from its various liquidity providers. If you’re thinking about scalping and placing multiple trades per day (Intense Intraday Trading) then LimeFx is a broker for you. They offer various account types and the LimeFx ZERO Account offers very low spreads starting from 0 pips. Zero accounts are commission-based trading account types and lowest $100 is the minimum deposit volume. You can have EUR, USD, JPY as the base currency for the account type..
Choose a Big, Fair and Human Broker.
The standard account type is also good place to start with a lowest deposit of 5 United States Dollar. This type of account probably designed FX trading who have such confidence and knowledge. You can have EUR, GBP, USD, JPY, CHF, AUD, PLN, and HUF as the base currency. In this case, 1 LOT is equivalent of 100K units of the base price. By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily.
If your account equity dips under 50 percent of your required margin for open positions, LimeFx sends a margin call warning. This allows for the best prices from the LimeFx liquidity providers. LimeFx strives to offer a range of learning opportunities for traders of all skill levels. The goal is to give traders the skills needed to make improved trading decisions.
- Each chapter has several lessons, all available for LimeFx users only.Beyond these prerecorded materials, they offer live training both online and offline for various experience levels.
- There are a lot of deposit options at LimeFx, including electronic wallets such as Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC).
- Overall LimeFx is a broker we can recommend without any hesitation.
- LimeFx also offer an ultra-low account, which offers extremely tight and competitive spreads.
- LimeFx offers customer service in a variety of languages including English, Spanish, French, German, Italian, Portuguese, Russian and Chinese.
- Each webinar includes the title, description, date, and time as well as what you can expect to learn.
If you sign up for a non-European entity, you will not be eligible for European client protection measures. Real account clients can use as well as social trading signals from the MQL5 database of signal providers. Whether for beginner, more advanced or professional online traders, MT5 has opened up new perspectives to not just trade but also gain better visibility across different markets and different asset classes. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.
You can use it to absorb losses or open additional positions. Compared to other forex brokers who offer Islamic accounts, LimeFx’s offerings stand out. That is because most brokers will give Islamic accounts higher spreads.
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You can also find a separate Technical Analysis page on LimeFx. This page has recent expert technical analysis on a range of crucial assets and their movements. You can make use of any by contacting your Personal Account Manager. Those supplement the algorithmic trading tools already built into MT4 and MT5.
How to open your account
Account managers are dedicated to their clients at LimeFx for both live and demo accounts. In forex trading, exotic pairs or exotics refers to currency pairs that include a major currency paired with the currency of a smaller or emerging economy. Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs).
So far, it has executed more than 1.4 billion trades with an impressive zero rejections or requotes. The management team of LimeFx has visited more than 120 cities to meet with partners and clients. With so many rewards and incentives already, you might think that LimeFx could not be any more generous, but you would be wrong. In addition to all other bonuses and rewards, a few times a year LimeFx will offer special seasonal bonuses marking certain calendar events and occasions that will be available for very limited periods of time. In addition to this we will also offer highly exclusive bonuses that will be made available on an invitation only basis.
At the bottom of the same page, you will find FAQs for MT4, including validating and gaining access to your account. In addition to other educational resources, LimeFx offers extensive information to guide the use of MT4 and MT5. On the pages for limefx review each platform, you will find multiple tutorial videos. These cover things like using Expert Advisors, placing orders, the terminal window, using templates, and more. This platform also lets you display an impressive 100 charts simultaneously.
Trade On the Go
This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs. LimeFx is regulated by the FCA in the United Kingdom and they have European passports with the MiFID, as well as being regulated by the CySEC in Cyprus, as well as being regulated in Australia as an ASIC entity. Well if you have difficulty with your account name, address then there is no accusation at all for LimeFx. At ForexVolumes we’re taking care of our investigations as we receive to our inbox. But from general observation, LimeFx is quite helpful for their clients. If you’re a client, LimeFx financial experts will help you by following market changes and adapt their trading decisions accordingly.
Can you open an account?
The platform supports stop limit, take profit, as well as 50+ indicators and customizable features via the trading terminal application. Trading costs in LimeFx like spreads, commissions vary on account type. This is how the broker makes their earnings and so the Zero account offers 0 pips spread but commission-based trading strategy applies. Micro accounts are useful for beginner level traders who do not want to risk a lot of money.
If you use the trading platform outside of these hours, trades will not execute. It is important to note that LimeFx uses variable spreads, as does the interbank forex market. By offering variable spreads, LimeFx is able to eliminate the need for an insurance premium.